Bank mailings target seniors with reverse mortgages - 2003-11-21
When Mary Lou Knickerbocker, 83, of Juneau, lost her monthly $250 Longevity Bonus payments in August, she, like many older Alaskans, began seeking other ways to supplement her income.
In early October, Wells Fargo bank mailed her and about 18,000 other Alaskans who lost the bonuses a flier recommending she consider a reverse mortgage on her home.
Read the full story at Juneau Empire